
Forex Macro Overview: US Dollar Weakens Against Euro, Pound, and Yen Amid Trade Tensions
The focus of global forex investors remains fixed on trade policy developments. Over the weekend, US Commerce Secretary Howard Lutnick delivered a comprehensive interview to CBS News, reaffirming the White House’s hardline stance on export tariffs. According to Lutnick, new tariffs will take effect from August 1 with no further postponements expected, although negotiations with international partners are set to continue.